Stay Informed:

Goldman Sachs On The Myths & Realities Of Russia's Oil Sector
http://www.zerohedge.com/news/2015-01-26/goldman-myths-realities-russias-oil-sector

Financial Times Lex: Russia is a Creditor to the World - Default Risk Non-existent
http://russia-insider.com/en/2014/12/22/2104

China's medium term plans are to replace the US Dollar as Reserve Currency by forming a coalition with the BRICS
http://ian56.blogspot.com/2014/12/chinas-medium-term-plans-are-to-replace.html


CENSORED 15 post/sites banned or removed by GOV from Internet
http://www.copsrcorrupt.com/censored--banned-and-removed.html

Cops Are Corrupt (by city/state)
http://www.copsrcorrupt.com/cops-are-corrupt.html

VIDEO How to BEAT POLICE DOGS for Dummies
http://www.copsrcorrupt.com/police-dogs--know-your-rights-.html

How to BEAT Stingray, NSA, DHS, and FBI surveillance
http://www.copsrcorrupt.com/how-to-beat-stingray--nsa--fbi-and-police-surveillance.html 

How to Rob a Bank and get away scot-free for Dummies
http://www.copsrcorrupt.com/-how-to--rob-a-bank-and-get-away.html 

Who's a SNITCH? Check here for pictures and locations..
http://www.copsrcorrupt.com/snitches-of-america.html

There's now a website that snitches on SNITCHES
http://www.copsrcorrupt.com/snitch-on-snitches.html

Making METH at home is quick n easy
http://www.copsrcorrupt.com/-how-to--crystal-meth.html

How to BEAT Police and DEA drug stings
http://www.copsrcorrupt.com/how-to-beat-stingray--nsa--fbi-and-police-surveillance.html

How to Make PIPE BOMBS for Dummies
http://www.copsrcorrupt.com/-how-to--pipe-bomb.html


THANK YOU for stopping by Underground America Inc.
HOME  SITE MAP  ABOUT  CREW  ADVERTISE  WEBMASTERS

(How to) Money Laundering


Money laundering is a series of financial transactions that are intended to transform ill-gotten gains into legitimate money or other assets.


It may seem suspicious if you start depositing large sums of cash directly into a bank or other financial institution. The money’s owner needs to create financial records showing where the money came from, this is done by simply running it through a number of legitimate businesses before depositing it, hence the term “money laundering.” Because the act is specifically used to hide illegally obtained money, it too is unlawful.


Over $300 billion is laundered each year in the United States alone. According to a 2009 study published by the United States Sentencing Commission, more than 81,000 people are convicted of money laundering on some level each year in the United States.


The Bank Secrecy Act of 1970 requires financial institutions to report deposits over $10,000 in a single day. To circumvent this, launderers funnel cash through a legitimate high-cash business, such as a check cashing service, bar, nightclub, or convenience store.


Businesses able to claim all of these proceeds as legitimate income include those that provide services rather than goods, such as strip clubs, car washes, parking buildings or lots, and other businesses with low variable costs.


Anti-money laundering software, detects large increases in account balances or large withdrawals, and which filters data and classifies it according to levels of suspicion. Software is also used to detect transactions with banking institutions in blacklisted or hostile countries.


Laundering Techniques


Bulk cash smuggling involves literally smuggling cash into another country for deposit into offshore banks or other type of financial institutions that honor client secrecy.

Structuring or “smurfing,” is a method in which cash is broken down into smaller amount, which are then used to purchase money orders or other instruments to avoid detection or suspicion.

Trade-based laundering is similar to embezzlement in that invoices are altered to show a higher or lower amount in order to disguise the movement of money.


Real estate laundering occurs when someone purchases real estate with money obtained illegally, then sells the property. This makes it seem as if the profits are legitimate.


Shell companies and trusts are used to disguise the true owner or agent of a large amount of money.


Anti-Money Laundering Laws

Under the guidelines set forth by anti-money laundering, or “AML” financial institutions are required to verify large sums of money passing through the institution, and they are required to report suspicious transactions.  

It is estimated that money laundering is so prominent globally, that it is impossible for the Financial Action Task Force to produce estimates or figures as to its scope.     

Wachovia Corp./Wells Fargo paid $160 million to settle a federal investigation into laundering of illegal drug profits through Mexican exchange houses. Read more:

http://www.nbcnews.com/id/35914759/ns/business-world_business/t/wachovia-settle-drug-money-laundering-case/#.V3QRj2z6vIV   

Surf the dark web by downloading TOR browser for free.


Don't want your information monitored online? Whatever you do, don't Google.

Google Alternatives: DuckDuckGo / StartPage